John Driessnack, Olde Stone Consulting LLC, in collaboration with Program Management Institute (PMI) briefed one of the working teams for the Section 809 Panel on use of Portfolio Management. The Panel members were very interested in the concepts and have asked for further options on how to implement a robust portfolio management approach for DoD Acquisition.

The presentations made on 23 Feb and 23 Mar were partly based on John Driessnack's PMI white papers published in Mar 2015 and Feb 2017 on how the Federal Government would benefit from using PMI's ANSI standards for Portfolio, Program, and Project Management. The white papers can be downloaded at https://www.pmi.org/business-solutions/white-papers

DAU posted, as part of the DAG Dialog series, Professor John Driessnack's two videos on his framework for analysis and assessment of programs. These videos outline the Driessnack cubes, which he uses to look at the root cause of program challenges.

In this whitepaper, the author proposes that the new U.S. presidential administration update federal programming guidance procedures on budgeting and acquisition with an eye towards defining a more holistic management framework based upon industry standards for project, program, and portfolio management — that could result in a more effective and efficient bureaucracy.

This paper proposes that the U.S. federal government would benefit from utilizing PMI’s project, program, and portfolio standards framework as the basis for a common, robust federal system methodology. It outlines how three approved American National Standards developed by PMI can provide robustness and clarity, with a common language and a standard framework for agencies’ utilization. If followed in a disciplined manner, the standards provide for significant efficiencies within and across agencies, as well as improved efficiencies with industry.